Galaxy Digital specialists have announced that cryptocurrency investors can have a significant impact on the course and results of the upcoming presidential elections in the United States of America in November 2024.

One in five voters in the United States now owns cryptocurrency. Galaxy Digital cites a report by Paradigm analysts, according to which 19% of American voters control virtual assets:

“As we move into November and investors become more aware of the impact the election will have on markets, the crypto industry could play a bigger role than ever.”

Representatives of Galaxy Digital point out that cryptocurrency investors are primarily concerned about the authorities’ approach to regulating the industry. For them, ex-President Donald Trump appears to be a more preferable figure for the post of US President, rather than the current head of state, Joseph Biden.

Earlier, Matthew Siegel, head of cryptocurrency research at the investment company VanEck, said that the victory of the Republican candidate running for US President would be beneficial to the crypto market.